Archer-Daniels-Midland Earnings, Revenue Beat in Q3
Investing.com - Archer-Daniels-Midland reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $0.77 on revenue of $16.73B. Analysts polled by Investing.com expected EPS of $0.72 on revenue of $16.09B. That compared to EPS of $0.92 on revenue of $15.8B in the same period a year earlier. The company had reported EPS of $0.6 on revenue of $16.3B in the previous quarter.
Archer-Daniels-Midland follows other major Consumer/Non-Cyclical sector earnings this month
On October 22, Procter&Gamble reported first quarter EPS of $1.37 on revenue of $17.8B, compared to forecasts of EPS of $1.24 on revenue of $17.45B.
Coca-Cola earnings matched analysts' expectations on October 18, with third quarter EPS of $0.56 on revenue of $9.5B. Investing.com analysts expected EPS of $0.56 on revenue of $9.43B
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
Related Articles
Price cuts, iPhone 11 timing drive Apple's uncertain China rebound: analysts
Thomson Reuters operating profit tops Wall Street estimates
Bristol-Myers posts better-than-expected results, Opdivo growth slows
